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20130101
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KGO (ABC) 13
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
ABC
Dec 24, 2012 4:00am PST
now and there is still no deal preventing the economy from going over that now infamous fiscal cliff. members of congress are still pointing fingers over who is to blame for the lack of progress. to prevent the tax hikes and spending cuts from aching effect january 1st. meanwhile, connecticut's independent senator, joe lieberman, expects congress to work right up until the new year's eve deadline. he's not sure that will be enough. >> it's the first time that i feel like it's more likely that we'll go over the cliff than not. if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. >> the president and congress are on short holiday breaks. they're due back later in the week. one possibility in all of this mess is a partial deal on taxes while putting off agreement on spending until some time down the road. >>> former president george h.w. bush may be spending christmas in the hospital. he's been there since thanksgiving. he's battling bronchitis and a lingering cough. doctors say he's in stable condition but needs to
ABC
Dec 24, 2012 3:00am PST
's still no deal preventing the economy from going over the fiscal cliff. members of congress are pointing fingers over who is to blame for the lack of progress to prevent tax hikes and spending cuts. connecticut's independent senator joe lieberman expects congress to work right up to the new year's eve deadline. but he's not even sure that's going to be enough. >> it's the first time i feel it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. >> the president and congress are on short holiday breaks right now. due back later in the week. one possibility is a partial deal on taxes while putting off an agreement on spending, therefore kind of kicking some of the can down the road, once again. >> and that seems to be what congress is good at. no problem ever gets solved. there's no grand bargain. we heard that term tossed around. seems like we just do a little bit and then say oh, we'll get to it by summer and get to it by the fall. and nothing substantive really g
ABC
Dec 31, 2012 6:00am PST
to the wire investors looking over the edge of the fiscal cliff and being afraid of how far u.s. economy could drop if automatic hikes and cuts aren't averted. still hope of a deal. kind of hearing from some in washington, that they are making progress. negotiators did continue to talk overnight, republicans and democrats are closing in on a deal that would have y somewhere between $400,000 and $500,000 a year talks between mcconnell and vice president biden and staffers working late into the night. even if a deal is reached, it is likely to be temporary with another fight over deficit reduction coming next year. market is reacting cautiously. positive in nasdaq and s&p, dow has cut losses as these bits of news trickle out. bloomberg index still trading s(ó airlines say they are always trying to improve customer service, according to one survey they$0!6 should check to see if their employees have an attitude problem. 1,000 people were asked which airline had the rudest employees, american topped the list, 25% criticizing the manner of the workersg4p, united second, followed by delta andj0a
ABC
Dec 28, 2012 6:00pm PST
that lawmakers may not lead us over that fiscal cliff after all. coming up next, president obama draws a line in the sand. we'll explain his plan for averting a tax hike. >> thank you for calling. >> i team reveals why a state agency is too busy to take your calls. >>> a late afternoon meeting brings progress towards avoiding the fiscal cliff. tonight abc 7 news mark matthews has been looking into the cost governoring over the live cliff. >> remember, last year it? was part of a deal to end the debt ceiling crisis. congress agreed to steep a spending cuts going into reduce the deficit. cuts now are just around the corner. >> the president says he's optimistic but did f.a deal can not be reached he'll tell hairy reid to introduce a fall back bill. >> put a bill making sure tax on middle class families don't goup, that unemployment is available for two million people z that lays ground work for additional deficit reductions and economic growth steps we can take in the new year. >> the bill, as the president calls bare minimum isn't what many hoped for, pushing off until next year, larger pron l
ABC
Dec 27, 2012 1:40am PST
and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but kicking the can down the road, this has been happening over and over again. somebody has to make some decisions here. >> it's like in this business, they give you a deadline and you have to hit the deadline. there's no coming in and saying take another ten minutes. it don't work that way in real life. there are americans out there saying, get off your couches, get back to washington, and get the deal done. >> sometimes it's not pretty you when you have to rush, but, hey, get it done. >>> still on the economy now, new signs of a turn around in the real estate market. for the first time since 2006, average housing prices may end the year on an upward trend. good news there for the economy. real estate prices in 20 cities wer
ABC
Dec 25, 2012 6:00am PST
going to put us in recession, regardless of the fiscal cliff. >> glover for questions made the comments yesterday on cnn if a -- grover norquist made the comments yesterday on cnn. >>> new this morning, 7-eleven trying to get healthier. the chain is in the process of introducing more nutritious items. that includes yogurt parfaits and lean turkey sandwiches. 7-eleven wants 20% sales to come from fresh foods byb7ñ the end of 2015. also retooling old favorites. jelly doughnuts sold in miniature versions. >>> that ipad under your tree may already be out-of-date. a japanese tech blog reports a new version of the popular tablet will hit stores in march, the blog says the new ipad will be thinner and lighter than the last, possibly as thin as the ipad mini. >> here's bloomberg reporter deborah costra. >>> good morning. merry christmas if you want to keep holidays merry and avoid unexpected medical bills remove all medications from cabinets into a secure area to protect loved ones who might be visiting, they can be taken by mistake or worse. more than half of the people addicted to prescripti
ABC
Dec 30, 2012 4:00am PST
until we all go over the fiscal cliff which would mean everyone's taxes will go up and sharp spending cuts will go effect that could drive our economy back into recession. to abc news white house correspondent jonathan karl filling in today for george stephanopoulos as host of abc's "this week." >> hey, jon, good morning. i know today and tomorrow obviously hugely important. can you sort of walk us through the potential order of operations? what could we see play out today and tomorrow? >> well, it is right down to the wire, dan. what's happening right now is harry reid and mitch mcconnell, the top democrat and republican in the senate are still negotiating their staffs at this hour. they are supposed to be working until about 3:00 this afternoon when the plan would be presented to both caucuses. as we understand what they are talking about is the bare minimum. basically the senate negotiating to extend those tax cuts for everybody making under $250,000 a year and do extend unemployment benefits also they're talking about trying to do something to stop the automatic spending cuts that
ABC
Dec 28, 2012 5:30pm PST
to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours trying to come to a bipartisan agreement on a smaller fallback plan to keep at least some taxes from going up. after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and all the congressional leaders in six weeks. it follows an impasse that has shaken wall street, the dow down more than 400 points since talks stalled last week. and on main street, business owners like drew greenblatt, who owns a wire basket manufacturing company in baltimore, say the coming fiscal cliff is already causing pain because they just don't know what will happen to their taxes. >> right now we're doing our
ABC
Dec 27, 2012 5:30pm PST
the government could very well go over that fiscal cliff. now, just five days until everyone's taxes go up. how much for the average american family? here's our chief white house correspondent jon karl tonight. >> reporter: president obama cut short his hawaiian vacation, where storm clouds, real storm clouds, are gathering over the capitol. instead of deal making, it's name calling. the top democrat in the senate, accusing the republican speaker of the house of running a dictatorship. they say they haven't given up, but it sure sounds that way. >> i don't know, time-wise, how it can happen now. >> here we are, once again, at the end of the year, staring at a crisis we should have dealt with literally months ago. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplai
ABC
Dec 28, 2012 7:00am PST
a fainting spell brought on by a stomach bug. >>> and the fiscal cliff in washington isn't the only major threat to the u.s. economy. this morning, time is running out to avoid a strike by 14,000 dockworkers from boston to houston for demanding better pay. 14 ports which handle half of the nation's shipping traffic are threatened. workers could walk off the job this sunday, costing the economy an estimated $1 billion per day. >>> and for the second time this month, someone has been pushed to their death on a new york subway. a woman seen running away on the left side of this surveillance video, right here, shoved a man on to the tracks last night. he was then crushed by an oncoming train. witnesses say the woman was talking to herself, pacing on the platform before pushing the man from behind. and did not appear to even know the victim. >>> and finally, you don't have to be a football fan to be inspired by this story. for the first time since being diagnosed with leukemia in september, indianapolis colts head coach chuck pagano will return to the field this weekend, a symbol of strength a
ABC
Dec 30, 2012 8:00am PST
if we do get past this fiscal cliff and address the debt ceiling, 2013 could actually be a good year for the economy. the housing market continues to recover. we do see an energy boom, as well, but, you know, i spoke with former treasury secretary robert rubin, as well and i think he summed it up by saying this really was a missed opportunity that we're seeing right here for some sort of grand bargain for a big deal to address the debt limit here and so far we haven't been doing that. >> and, bianna, i would not count on these guys finally getting their act together in any significant way even if we get a mini deal. thank you so much to both of you. bianna and leigh, thank you for joining us here on "this week." >>> finally your voice this week. today's question comes from christy miller jones from facebook who says "my 16-year-old has a twitter account with 34,000 plus followers. where do you see journalism heading in 15 years? what advice to the next generation of journalists would you give?" well, thank you for that question, christy. i would say regardless of what form americans
ABC
Dec 31, 2012 7:00am PST
and will continue this morning. as washington teeters on the edge of the fiscal cliff, there is still no deal. as talks continued overnight, a voice of frustration erupted on the senate floor. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> reporter: the republican and democratic senate leaders negotiated all weekend long. the talks hit a brick wall. harry reid saying he was unable to even counter the latest republican offer. >> at this stage, we're not able to make a counteroffer. it appears that there are things that stop us from moving forward. >> reporter: that prompted mitch mcconnell to call for a lifeline. >> i also placed a call to the vice president to see if he could help jump-start the negotiations on his side. i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: and with that, vice president biden has now emerged as a key player, playing a direct role in the effort to strike a last-minute deal. the key sticking points remain the same. the white house wants taxes to go up on
Search Results 0 to 12 of about 13 (some duplicates have been removed)